Friday, November 9, 2012

DailyMarkets.com - Hot Option Plays: Post-Election Shorts Squeezed After Hours

DailyMarkets.com - Hot Option Plays: Post-Election Shorts Squeezed After Hours

Hot Option Plays: Post-Election Shorts Squeezed After Hours

Posted: 09 Nov 2012 03:18 PM PST

Cusick’s Corner 11-09-2012
The market was able to hold and then squeeze the post-election shorts today. Crude, USO, and Gold, GLD, performed really well today and held up after the President’s speech on how a budget will be locked before year-end. Have a good weekend.
Stock market averages scored modest gains through midday and trading was choppy from that point forward. Data released early seemed to ease some of the recent anxiety about the economic outlook after the University of Michigan … [visit DailyMarkets.com to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

Stocks Close Flat, Kayak Takes Flight, & Groupon Hits All-time Lows

Posted: 09 Nov 2012 02:53 PM PST

11/09/12 The Dow Jones saw a quiet end to a busy week as it closed almost flat. However, Kayak soared on a takeover, Groupon fell to a record low, and politicians address the fiscal … [visit DailyMarkets.com to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

Hot Option Plays: Stock Market Averages Attempting To Rebound Midday

Posted: 09 Nov 2012 11:18 AM PST

Cusick’s Corner 11-09-2012
The market pulled back in the pre-market, then opened weak and now back in the positive in spite of France’s news and the continued uncertainty of the Fiscal Cliff. Buying was hard to do but the bid did strengthen into the midday and the headlines crossing at this hour are continuing to drive this upside action. The Energy sector, XLE, has continued to run with the market, so it will be interesting to see if those gains hold going into the weekend. I have to run and … [visit DailyMarkets.com to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

Week Ahead: Veteran’s Day, Global Data Releases

Posted: 09 Nov 2012 10:54 AM PST

11/10/12 Bigger picture fundamentals and economic data will be closely monitored in the upcoming week. Veteran’s Day falls on Monday, November … [visit DailyMarkets.com to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

Cardillo: “Fiscal Cliff…stakes Are High”

Posted: 09 Nov 2012 10:39 AM PST

11/09/12 Rockwell Global Capital’s Peter Cardillo talks about the uncertainty over the fiscal cliff and the implications of the approaching deadline. Global fundamentals are discussed ahead of the … [visit DailyMarkets.com to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

Euro Drops And Dollar Rises As Eurozone Shows More Signs Of Weakness

Posted: 09 Nov 2012 04:47 AM PST

11/09/12 The euro has fallen and risk aversion is strong as new signs of eurozone weakness has kept investors away from the higher-yielding … [visit DailyMarkets.com to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

Oil Drops On Ample Supply Figures

Posted: 09 Nov 2012 04:45 AM PST

11/09/12 Amid ample supply figures, front month crude prices Friday were in the red and continued to trade below $85 a … [visit DailyMarkets.com to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards
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